Tech

Samsung In Talks To Move Smartphone Production To India

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SUMMARY

The tech major has already begun talks with Indian electronics manufacturing players to explore the possibility of shifting a portion of its manufacturing from Vietnam

Tech companies are using the three-month tariff pause announced by the US government to reassess operations and diversify production to countries with lower tariffs

Samsung exported smartphones worth $52 Bn in fiscal year 2023-24 (FY24), with Vietnam serving as a key manufacturing base

Amid sweeping…

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